In recent time I have been reading many tweets and articles in the Geelong press that are shouting that the city needs to ‘Get rid of the old and in with the new’ when it comes to who can set a future direction for the region. I suggest that all generations have a lot to learn from working together and sharing their knowledge, experience and desire for the future that improves the quality of life for all. No one age group has a mortgage on smart ideas.
My work in Geelong includes both paid and pro bono activity and touches a variety of organisations, occupations, people and ideas. I am encouraged by the diversity of thinking and single minded vision to do better from year ten students through to the oldest members of community groups such as Rotary, Lions etc . And there are some things I hear and see within that diversity of thinking that I also do not agree with, but that is why we must respect that everyone has the right to express their point of view and be heard.
A city such as Geelong which has set a new direction for the future will be best served if we do not allow silos, turf wars and politics to develop and that all groups and ages accept that working together and listening to each other can achieve great outcomes
Why do successful people use a mentor? Because it works. Family business should consider engaging professional mentor for the next generation working in the business. They sometimes only know one way and that is what they learn from their parents. Mentors bring a different perspective through their wide experience and knowledge. READ THIS POST
Often families in business have grown well past their original capacity to manage key areas of the business that are key drivers and enablers for the business to be successful into the future. Business founders need to accept that they don't have a mortgage on important compliance and essential people dynamics. READ THIS POST
Andrew and Denise Harte arrived as back packers in 2011 looking for work and started by taking anything they could get. Then from their one bedroom flat they started a business which now is heading towards many $ million turnover with 150 employees. Belief in themselves and a never give up attitude, typical of many family business founders. READ THIS POST
When your family business becomes a large small business it is essential that you recognise as a founder that you no longer have the ability to stick your nose into everything. You have to change your business model and let go and delegate. READ THIS POST
Is opening the family board or establishing an advisory panel to non-family members going to improve your performance? Yes – definitely! In any family enterprise, commercial, manufacturing or agribusiness, you should take the position that you are custodians for future generations. Good governance, policies and planning is about building wealth in the long term. READ THIS POST